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Clearway Energy finalises 110 MW of solar parks in Hawaii

One of Hawaii's existing solar power plants. Author: Official US Navy Page. License: Creative Commons: Attribution 2.0 Generic

September 12 (Renewables Now) - US power company Clearway Energy Inc (NYSE:NYLD) has officially plugged in three grid-scale solar power plants totalling 110 MW on the island of O‘ahu in Hawaii.

The plants in question are: the 49-MW Kawailoa that is sited on former sugar cane land owned by Kamehameha Schools; the 45.9-MW Waipi‘o Solar, whose panels are installed on former cattle pasture owned by Clearway in Central O‘ahu; and the 14.7-MW Mililani Solar II, which was built on former pineapple land owned by Clearway and located within the Mililani Agricultural Park. Each of the three facilities now feeds electricity into the Hawaiian Electric grid.

Clearway bought the three schemes from SunEdison at end-November 2016 during the latter’s bankruptcy proceedings. Since SunEdison had missed certain contract milestones, Hawaiian Electric cancelled the original power purchase agreements (PPAs) in February 2016 and eventually renegotiated them with Clearway. This resulted in lower prices for the three projects.

Together, the trio will contribute about 3% to Hawaiian Electric’s renewable portfolio standards (RPS) objective, which reached 27% at the end of 2018, the statement says.

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Browse all articles from Ivan Shumkov

Ivan is the mergers and acquisitions expert in Renewables Now with a passion for big deals and ambitious capacity plans.

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